Real Estate Blog

The office vacancy rate in Downtown Honolulu reached an all-time high of 19.4 percent in the second quarter, and landlords looking to increase income are boosting parking rates for downtown spots, according to the second quarter office market report by CBRE.

The second quarter vacancy rate for downtown, which accounts for 45 percent of the Oahu office market, surpassed the previous high of 18.7 percent in the quarter, the report said.

The islandwide vacancy rate was 15.6 percent for the quarter,…

Hawaii’s retail vacancy rate rose to 6 percent statewide during the second quarter, driven by a loss of 7,812 square feet in occupancy, while the Waikiki market’s vacancy rate rose to 5.6 percent as retail in the state’s largest tourism district posted its third consecutive quarter of decline, according to quarterly market reports by CBRE.

Year-over-year negative net absorption, or the amount of occupancy lost, in Waikiki nearly tripled when compared with the second quarter of last year, CBRE…

Information was obtained from firm representatives. Information on The List was supplied by individual companies through questionnaires, phone interviews, company websites and could not be independently verified by Pacific Business News. Only those that responded to our inquiries were listed

Nugget Markets Inc. could be moving its corporate headquarters from Woodland to Davis, pending Davis City Council approval of a new business park on July 31.

On Wednesday, the Davis Planning Commission unanimously recommended the development of a 64,620-square-foot business park at 4699 Alhambra Drive. If the project moves forward with the city council, the designation of the six-acre lot would change from neighborhood retail to business park.

Three buildings are proposed at the site: a 32,220-square-foot…

The influence of the 2017 sales closings at the Park Lane Ala Moana condominium complex at Ala Moana Center can be seen in this year’s List in the rankings, as well as the highest reported sales by companies on The List.

Technology is changing the way Hawaii real estate firms work and the way they market properties almost daily as new tools come on the market and agents become more savvy about how to use them. Pacific Business News asked local firms how tech is impacting their businesses.

The three RFPs have the potential to create 1,600 residential units and 50,000 square feet of commercial development in Silicon Valley. “The housing can’t come soon enough,” VTA's board chair says.

Essex Property Trust is aiming to lock in approval for a new apartment complex in downtown San Mateo, where very little new housing is under development.

Keith Rivers and his wife Leanne Rivers, a nurse at Seattle Children’s, have just listed their Mediterranean-style home in West Seattle for $1.95 million.

Seattle and Bellevue-based Compass real estate broker Jason Mesnick has the listing. You may remember Mesnick from season No. 13 of the ABC hit show The Bachelor, a reality TV program that invites him still to make periodic appearances.

“More than anything,” says Mesnick, describing highlights of the Rivers’ home, “it's got the best…

If you're looking for the best bang for your buck in Pennsylvania housing, Greater Philadelphia might not be for you.

A new report from Smart Asset.com shows Philadelphia and the surrounding suburban counties of Montgomery, Delaware, Bucks and Chester aren't the most affordable in the nation, but one small city in the Keystone State's Northampton County is among the top 10 most affordable places in America.

Shamokin, Pa., located between Harrisburg and Bloomsburg, and about 120 miles drive from…